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08:54:01 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Bayhorse Silver Inc
Symbol BHS
Shares Issued 125,573,944
Close 2020-06-30 C$ 0.09
Market Cap C$ 11,301,655
Recent Sedar Documents

Bayhorse closes $224,525 1st tranche of financing

2020-07-02 12:18 ET - News Release

Subject: BHS2020-14 NR Word Document File: '\\doc\emailin\20200702 091053 Attachment BHS2020-14.docx' July 2, 2020 BHS2020-14 BAYHORSE CLOSES FIRST TRANCHE OF NON-FLOW-THROUGH FINANCING Bayhorse Silver Inc, BHS: TSX-V (the "Company" or "Bayhorse") has closed a first tranche of 2,806,562 Units of its previously announced 5 million non-flow through Unit Private Placement for gross proceeds of $224,525. Each non-flow-through Unit will consist of one common share at $0.08 cents per share and one transferable common share purchase warrant exercisable at $0.18 cents for two years from date of issuance. In addition to any other exemption available to the Company, participation in the non-brokered financing is also open to all existing shareholders, even if not accredited investors, under the "existing shareholder" exemption of National Instrument 45-106 as promulgated in Multilateral CSA notice 45-313 in participating jurisdictions. The funds raised are for the purpose advancing the Company's Brandywine project and for optimizing the metallurgical work on the silver recovery from the upgrading, processing and refining of silver mineralization from the Bayhorse Silver Mine, Oregon, USA., as well as general and administrative purposes. Finder fees may be payable on a portion of the financing not taken down by insiders according to the policies of the TSX-V Exchange. Graeme O'Neill, a Director and Officer of the Company has subscribed for 1,750,000 Units of the placement. He has funded his subscription through the sale, both privately and through the facilities of the TSX-Venture Exchange of 1,750,000 shares of the Company. Securities issued under this placement will be subject to a four month plus a day hold period from the date of issuance. This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents. On Behalf of the Board, Graeme O'Neill, CEO company@bayhorsesilver.com 1-866-399-6539 About Bayhorse Silver Inc. Bayhorse Silver Inc. is an exploration and production company with a 100% interest in the historic Bayhorse Silver Mine located in Oregon, USA, and an option on the Brandywine, precious metals rich, volcanogenic massive sulphide property located in B.C., Canada. The Company has an experienced management and technical team with extensive mining expertise surrounding exploration and building mines.

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